Senior Manager, Technical Accounting
HUB InternationalAbout the role
About Us
At HUB International, we are a team of entrepreneurs. We believe in protecting and supporting the aspirations of individuals, families, and businesses. We help our clients evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees to learn, grow, and make a difference. Our structure enables our teams to maintain their own unique, regional culture while leveraging support and resources from our corporate centers of excellence.
HUB is the 5th largest global insurance and employee benefits broker, providing a boundaryless array of business insurance, employee benefits, risk services, personal insurance, retirement, and private wealth management products and services. With over $5 billion in revenue and almost 20,000 employees in 600 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions.
Role Overview:
We are seeking a skilled and motivated Sr. Technical Accounting Manager. Reporting to the Director of Technical Accounting, you will research GAAP and SEC requirements related to new accounting standards as well as new business situations and document conclusions in accounting memos and policies. The Sr. Technical Accounting Manager will become involved with all aspects of technical accounting and policy matters but initial focus will be on updating, expanding, maintaining and improving upon Hub’s current suite of accounting policies and memos as we prepare for public company accounting, reporting and control requirements.
Key Responsibilities:
Adoption of new accounting standards – including research, analysis, documentation and implementation which may require working with corporate accounting, regional finance teams or the Hub Financial Center
Address accounting impact of new business issues – growth of the business and expansion into new products and services frequently leads to a need for research, analysis, documentation and implementation similar to what is required when new accounting standards are issued
Accounting policy development and maintenance including –
Document, maintain and improve Hub’s accounting and corporate policies including update of stale policies and drafting of new policies where needed
Assist with rollout of new policies to corporate and regional finance teams resulting from new accounting standards, technical guidance, or interpretations.
Complex analysis and audit support including –
Goodwill and intangible asset impairment analysis
Lease right of use asset impairment analysis
GAAP disclosure checklist
Debt extinguishment vs modification
Share based compensation matters
Various revenue and lease accounting matters
Acquisition accounting
External financial reporting support including –
Assist the financial reporting team in drafting new financial statement disclosures related to new accounting standards and new business issues
Assist management in review of quarterly and annual financial statements
General accounting support – participate in monthly close activities as requested
M&A transaction support – assist with evaluating accounting alternatives and impacts related to the Company’s M&A activities including ASC 805 journal entries
Ad hoc questions from the field – assist with research and documentation of complex accounting issues escalated from the accounting staff and provide guidance on technical accounting matters as needed
Review of contracts – review customer and carrier agreements as needed to consider the accounting implications of new types of arrangements
Build strong relationships with all levels of the finance staff at field and corporate locations. Collaborate with the M&A team serving as a resource for resolving technical accounting questions and issues.
Qualifications & Experience:
Bachelor’s degree in accounting
CPA strongly preferred
Four to eight years total experience with minimum of four to six years in a Big Four or second-tier national public accounting firm including both public and private clients
In depth knowledge of GAAP and SEC accounting and reporting guidance
Exceptional technical research and writing skills with ability to draft near-final quality accounting memos a
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